ATTENTION INVESTORS! Right on the Grandview Campus, on a street with only 4-5 homes left between E. 14th and E. 13th as Grandview College has been purchasing homes and removing them for future campus expansion, we are offering THREE of these homes for sale as a preferable investor package purchase. All three have been long term rentals and the current landlord is liquidating all rental properties in her portfolio. This is an EXCELLENT opportunity to purchase income property with cash flow, right on Campus with easy tenant demand due to the students, AND the inevitable likelihood Grandview College will need to buy these homes in the future for campus expansion. This home is currently rented for $900/month with lease dates 06/01/16 through 05/31/2017. Three year rental permit issued in 2015. Features include: Hardwood floors throughout (carpet in 2 Bedrooms), New vinyl replacement windows, full bathroom with double shower heads plus a half bathroom and laundry on the main level. Full basement for storage. New HVAC installed in 2015. Kitchen has a stove/fridge and is original in nature but has built-in china cabinets in the kitchen and dining room. No garage. Three bedrooms and one full bathroom up. This home has window A/C and a newer roof. Full remodel in 2007. The owner would like to sell at three to the same buyer preferably (as would be ideal so that the buyer has full control of any future Grandview College expansion). There is no sign in the yard. Serious inquires only. This home to be sold with 1331 Morton and 1335 Morton (also listed on Zillow).
Off market
$242,700
1327 Morton Investor Package, Des Moines, IA 50316
3beds
1,560sqft
SingleFamily
Built in 1903
6,600 sqft lot
$242,700 Zestimate®
$156/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced air, Gas
Cooling
- Other
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Carpet, Hardwood, Linoleum / Vinyl
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,560 sqft
Property
Lot
- Size: 6,600 sqft
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1903
Community & neighborhood
Location
- Region: Des Moines
Services availability

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